#QuizOfTheDay
Quiz 1: Bitcoin Halving Impact
Question:
What is the primary economic purpose of Bitcoin’s halving event, which occurs roughly every four years?
A) To prevent inflation by reducing supply issuance
B) To reset mining difficulty
C) To reduce transaction fees on the network
D) To increase the size of each block
Correct Answer: A
Explanation:
Bitcoin halving reduces the block reward by 50%, limiting the rate of new supply and helping to control inflation, reinforcing its scarcity.
